Korea’s top asset management firm attracts big-sized fundsThis year’s stock market in South Korea has been spearheaded by equity ETFs of which sizes topped 50 trillion won ($38 billion) thanks to the popularity of products related to ChatGPT and rechargeable batteries.In particular, Mirae Asset Glob
Renowned golf players will compete in the championshipWoori Financial Group announced on May 11 that a golf tournament named after the financial conglomerate had teed off with the participation of top players.For example, Im Sung-jae flew into Seoul this week to play in the Korean tour match against
Overcoming slump by painting picturesSouth Korea’s professional golfer Chun In-gee started a joint art exhibition in downtown Seoul on Dec. 17 together with the country's painter Park Sun-mi.Both collaborative works and individual paintings are on display at the exhibition, which will continue throu
Korean outfit’s CSR campaigns target youthThe Korean Federation of Community Credit Cooperatives (KFCC) said on Nov. 25 that its corporate social responsibility programs had chalked up tangible results.South Korea’s foremost apex organization for the country’s cooperative banking sector has focused
Korea’s top defense company expanding partnership with PolandSouth Korea’s Hanwha Defense announced on Oct. 19 that it had rolled out an initial batch of 24 K9 Thunder self-propelled howitzers (SPHs) to be sent to Poland as part of the first executive contract signed in mid-August.The roll-out cerem
LG dominates OLED TV marketSouth Korea’s dynamic duo of Samsung Electronics and LG Electronics ruled the global TV market during the first half of this year, according to Omnia on Aug. 23.The London-based business tracker noted that Samsung carved out 31.5 percent of the TV market during the January
Korea's top asset management firm does not have to buy 15 US hotelsA U.S. court ruled in favor of South Korea’s Mirae Asset Global Investments in a high-profile lawsuit about the collapsed $5.8 billion hotel deal with China’s Anbang Insurance Group.The Seoul-based asset management company said on De
Export rises 7.7 percent from a year agoThe Korean economy shows signs of rebounding as amply demonstrated by its stronger-than-expected export in September and duty-free shop sales in the summer season.The Ministry of Trade, Industry and Energy recently said that the country’s outbound shipment sto
Rotary District 3650 Gov. Yoo hopes to extend reach of Rotary clubsSouth Korea’s Rotary clubs have been spearheaded by wealthy businesspeople over the past several decades so as to help the country deal with various social problems.In this July, however, a famed economist took charge of the clubs to
German company channels resources for electronic applications R&DMerck, a multinational company in science and technology, announced on Sept. 21 that it officially opened a new research center for electronic applications at its head office in Darmstadt, Germany.Merck channeled 50 million euros into
LS sets example in personnel managementLate last year, an LS Group affiliate invited its new employees to an event in Kangwon Province to celebrate their entrance into the business conglomerate with more than 100 units across the world.During the two-day events, the participants could relax while be
Korea's 'bread king' faces mixed results in court decisionsOver the past two months, SPC Group Chairman Hur Young-in faced mixed results in lawsuits related to him and his group, Korea’s largest maker of food and confectionary products.One is good news, and the other is bad one. And the two are expe
Starbucks CEO fails to get enough support compared to rivalsThis is the first of a series comparing companies in the same business based on JobPlanet data. _ ED.Starbucks is one of the most coveted companies in the world as many want to work for the world’s largest coffee house chain. But things see
Markus Schaefer vows to speed up growth of Swiss high-tech firmu-blox has tapped Markus Schaefer as its new executive director for global marketing and sales, the wireless communication technology company said in a recent statement.The Swiss outfit said that the advent of Schaefer, a veteran of the
Regional bank says that it's ready for inspectionThis is the third in a series looking at whether Korean lenders are properly dealing with anti-money laundering issues in time with the visit to Korea of the Financial Action Task Force this month. _ ED.In Korea, financial companies are obliged to rep
Regional chambers of commerce promote member firmsSince its foundation in 1884, the Korea Chamber of Commerce and Industry (KCCI) has represented hundreds of thousands of corporations of all sizes, sectors, and nationalities in Korea.As the national member organization of the International Chamber o